Press Release

New Delhi, March 29th, 2023: The Japan International Cooperation Agency (JICA) has signed a Loan Agreement with the Government of India to provide Japanese ODA loan amounting to JPY 98,612 million (approximately INR 5521 crore) for the Patna Metro Rail Construction Project (I). The project aims to cope with the increase of traffic demand in Patna by constructing a new metro corridor, thereby contributing towards the improvement of the urban environment and development of the economy as well as mitigation of climate change in the city.

The loan agreement was signed by Mr. Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, Govt. of India and Mr. SAITO Mitsunori, Chief Representative, JICA India office.

The objective of the project is to reduce emissions and adverse environmental impact by creating a public transport-oriented city. It will also contribute towards the goal of reducing the amount of greenhouse gas emissions in GDP intensity by 2030 to 33-35% compared to 2005, that the Government of India is working on under the "National Determined Contribution (NDC)" goals, based on the Paris Agreement.

Speaking on this occasion, Mr. SAITO Mitsunori, Chief Representative of JICA India office said, "JICA's cooperation in the Metro Development in India had expanded in 6 cities, namely Delhi, Chennai, Bengaluru, Kolkata, Mumbai and Ahmedabad and this project in Patna will be the first metro project in what is called tier-2 cities. I am glad to be involved in the important project in the historical city of Patna. Considering the growing population and industries in the city, I am sure this project will improve the life and business in Patna and I hope this will be considered as the best example of metro project in Tier-2 cities

Set to be operated and maintained by the Patna Metro Rail Corporation Limited (PMRCL), the ODA Loan Agreement for the Patna Metro Rail Construction Project (I) reinforces the strong partnership between Japan and India in promoting infrastructure development in the country. Cumulatively, JICA has extended ODA loans of over 1.7 trillion Japanese yen (approximately INR 107,505 Crore) to develop metro rail systems in Chennai, Bengaluru, Kolkata, Delhi, Mumbai and Ahmedabad.

About JICA

Established, by a specific law, as an incorporated administrative institution under the Government of Japan, the Japan International Cooperation Agency (JICA) aims to contribute to the promotion of international cooperation, as a sole Japanese governmental agency in charge of ODA implementation. JICA is the world's largest bilateral donor agency. JICA works as a bridge between Japan and emerging countries, and provides assistance in forms of loan, grant and technical cooperation so that the emerging countries can strengthen their capabilities.

• JICA India Office Web
• JICA India Brochure (PDF)
• JICA Facebook Page (external link)

For further information, please contact:

JICA India Office
Shusaku Takada /Aishwarya Mishra
(+91)-11-49097000
Takada.Shusaku@jica.go.jp
Mishra-Aishwarya@jica.go.jp

Edelman India
Rakhi Aurora
(+91)-9599067185
Rakhi.Aurora@edelman.com